31 Bedroom Apartment in Parkrand
Exceptional Investment Opportunity: Sectional Title Block of Flats in Parkdene
Monte Carlo 5 Morton Crescent, Parkdene, Boksburg
Asking Price: R11 500 000
Looking for a well-established property investment with strong rental potential Monte Carlo presents an exceptional opportunity to acquire a sectional title block of flats in a sought-after residential area of Parkdene. With a history spanning over 50 years, this established property offers both character and long-term investment potential.
Why Invest Here
Established Investment: A well-known residential property with over 50 years of history in the Parkdene community.
Prime Location: Ideally situated in a quiet residential node, close to schools, doctors, shopping facilities, and the new Parkdene Boulevard Centre.
Strong Rental Potential: An established residential property with excellent potential for consistent long-term rental income.
Key Features: Well-positioned residential units, practical layouts, and convenient parking facilities.
Convenient Access: Easy access to major routes, local amenities, and surrounding suburbs.
Bonus: Sectional title rights are already in place.
Further Information:
Further information, including the rent roll, monthly operating costs, and financial information, will be made available to potential purchasers upon request.
All financial information provided will reflect the actual monthly collections and expenses paid from those collections. Prospective purchasers are advised to conduct their own calculations and due diligence based on the information provided to ensure they are fully familiar with the property''s income and expenses before concluding the purchase.
Property details
- Listing number T5599790
- Property type Apartment
- Listing date 26 Aug 2026
Property features
- Bedrooms 31
- Bathrooms 16
- Lounges 16
- Garage parking 16
- Access gate
- Balcony
- Built in cupboards
- Patio
- Kitchen
- Garden
- Family TV room
- Paving